L3Harris Technologies Awarded Contract to Modernize and Sustain US Space Force Capabilities

Highlights:

• Estimated contract value is $1.2 billion over 10 years
• Addresses growing threat to critical space assets by enhancing current and introducing new capabilities
• Continues 17-year collaboration with US Space Force Space and Missile Systems Center

MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has been awarded a $23 million contract to modernize and sustain critical space infrastructure used by the military to keep track of activities and objects in space. The current estimated contract value with the US Space Force Space and Missile Systems Center is $1.2 billion over 10 years.

Under the Maintenance Of Space Situational Awareness Integrated Capabilities (MOSSAIC) contract, L3Harris will provide sustainment services for current and future ground-based space domain awareness sensors and space battle management command and control capabilities. MOSSAIC is a follow-on program to the Systems Engineering and Sustainment Integrator program, which L3Harris won in 2002.

“Space as a warfighting domain has a complex and interdependent system supporting it from the ground, air and space,” said Ed Zoiss, President, Space and Airborne Systems, L3Harris. “L3Harris supports our customers in each of these domains, giving us a unique understanding of the ecosystem and the mission, and enabling us to make quick modifications, provide necessary sustainment and introduce new capabilities.”

About L3Harris Technologies
L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 50,000 employees, with customers in 130 countries. L3Harris.com.

Forward-Looking Statements
This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about system capabilities are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.